931 Myrtle StDequincyLA70633
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Dequincy at 931 Myrtle St, Dequincy, LA, 70633 generates $1,215/mo in rent and, after a $538/mo payment, leaves $534/mo in cash flow. Total monthly income is $1,215/mo, and annual cash flow is $6,408/yr on $36,465 invested. Return on cash invested sits at 37.48% in year one, and rental yield is 13.25% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 197.09% and total cumulative return in cash sums $71,868. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,215/mo property income rather than buyer’s personal income.
Manufactured
Built in 2017
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70633, Dequincy, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,666 (100%) |
| Owner Occupied HU | 2,535 (69.1%) |
| Renter Occupied HU | 650 (17.7%) |
| Vacant Housing Units | 481 (13.1%) |
| Median Home Value | $232,621 |
| Average Home Value | $270,845 |
Housing Distribution
Address Breakdown
Residential
3,320
Single Family
3,320
Multi-Family
0
Businesses
240
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Listed by: Josh Foster • Exit Realty Southern
Mls Name: Greater Southern MLS
Mls ID: #SWL25002022
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.